Yanzhou–Shijiusuo railway

The Yanzhou–Shijiusuo railway was funded by the first major installment of Japanese assistance loan that China received after embarking on economic reforms in the late 1970s.[1] In December 1979, the Chinese and Japanese governments agreed to a development assistance loan of 50 billion Japanese yen (about US$220 million at the exchange rates of the time) to build the ports of Qinhuangdao and Shijiusuo (Rizhao) and rail lines feeding the ports, the Beijing–Qinhuangdao and Yanzhou–Shijiusuo.[1][2] Japan's development assistance loans carried a low rate of interest of 0.75 to 1.5% over a term of 30 years with interest-only payments in the first ten years.[1] The first loan-funded projects in China were designed to facilitate the export sales of coal to Japan.[1] At the time, natural resource sales was an important means of earning hard currency for China's economy.[2] The Yanshi railway, built with loan funding from 1981 to 1985, shipped coal from coal fields around Yanzhou in southern Shandong Province.[2] Since then, the rail corridor has been linked further inland with the Xinxiang–Yanzhou, Xinxiang–Yueshan and Houma–Yueshan railways to form a major coal-shipment corridor for southern Shanxi Province.

• Yanzhou: Beijing–Shanghai railway, Xinxiang–Yanzhou railway
• Dongdu: Dongdu–Pingyi railway
• Linyi: Jiaozhou–Xinyi railway, Zaozhuang–Linyi railway
• Rizhao: Shanxi–Henan–Shandong railway

• List of railways in China

• Lee, Chae-Jin (1984). China and Japan: New Economic Diplomacy. Stanford: Hoover Institution. ISBN 0-8179-7972-7. shijiusuo railway.